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XRP Possible Accumulation - Scaling and Setup Forming

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Fanatik_ Uppdaterad   
BITFINEX:XRPUSD   Ripple
Ripple looks like it could break its downtrend very soon, here you'll see how to profit on this volatility.
The ideas you see here can be applied to any other market.
You will learn more about Multiple Time Frame Analysis (scaling), probable targets and risk/reward.

If you got probability and risk/reward on your side, the world is yours.
The only thing lacking could be risk management, which you can learn more about the basics here: twitter.com/Hand_Eye.../1032920897458454528


Kommentera:
As a Break-out trader, this would be my setup

Pyramid trade, highest addition to my position would be after target 1 got broken.
Manual "SL" would be moved up as price goes up.
Kommentera:
No idea where target 4 would be, if price got that far.
Right now I'm still waiting for the current box-range to break up before I do anything.

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